September 28, 2023
Report: Travelex Owners Assess Buyer Interest for Potential Sale
British currency exchange company Travelex is reportedly considering a sale. The owners of Travelex, including former bondholders who gained control through a debt restructuring, are working with advisers to assess buyer interest,...
September 28, 2023
Report: China Evergrande Chair Detained for Unspecified Crimes
China’s largest property development company has halted trading after its chairman was reportedly detained. As the Wall Street Journal reported Thursday (Sept. 28), law enforcement in China believes Hui Ka Yan, chair...
September 28, 2023
What We Know About the Paycheck-to-Paycheck Consumer Three Years Post-Pandemic
Across the span of more than two dozen reports since the darkest days of the pandemic more than three years ago — and with eight reports this year alone —...
September 27, 2023
CFPB Eyes Tuition Payment Plans as Students Return to School
It’s the end of September, summer’s a distant memory, and students are only a few weeks into settling into the routine of books, homework, and given the way things are...
September 27, 2023
‘Hope Inside Cross River’ Helps Consumers Increase Savings
Cross River Bank and Operation Hope say their financial literacy initiative has helped consumers boost their savings. The financial institution and the nonprofit announced Wednesday (Sept. 27) the midyear results of “HOPE Inside Cross...
September 27, 2023
Trade-Offs and Trade-Downs May Be Keys to Getting the Holiday...
With October just about to dawn, many stores are already prodding consumers to think about the holiday shopping season, where December looms as a make-or-break month. The weeks leading into...
September 26, 2023
From Managing Cash to Improving Credit, BNPL Helps Consumers Balance...
From affluent consumers to Gen Zs and baby boomers, buy now, pay later (BNPL) continues to gain popularity across markets, enabling consumers across all ages and income levels to acquire goods and services upfront through...
September 26, 2023
From Crypto Fame to Courtroom Shame: Bankman-Fried’s Rise, Fall, and...
The customer claims portal for failed crypto exchange FTX closes this Friday (Sept. 29). Next Tuesday (Oct. 3), Sam Bankman-Fried, the company’s co-founder and former CEO, heads to trial where...
September 26, 2023
Gen X Turns to BNPL as Student Loan Repayment Trims...
“Reality Bites” was a touchstone movie for Generation X. Three decades later, any cinematic foray into the trials and tribulations of those born between 1965 and 1980 might be titled...